Former US President Donald Trump refuted reporting from Bloomberg suggesting he would consider JPMorgan Chase’s CEO Jamie Dimon or BlackRock’s Larry Fink for the Treasury Secretary position.todaybet
Bloomberg’s report was based on an interview with Trump at Mar-a-Lago on June 24, two days before the presidential debate. The interview was conducted by Bloomberg Senior Reporters Nancy Cook and Joshua Green, Managing Editor Mario Parker, and Businessweek Editor Brad Stone.
On July 23, Trump posted on his Truth Social account, stating he didn’t know who suggested that Fink or Dimon was under consideration for a role in his administration. He speculated that “perhaps the Radical Left” made these suggestions.
He wrote:
“I don’t know who said it, or where it came from, perhaps the Radical Left, but I never discussed, or thought of, Jamie Dimon or Larry Fink for Secretary of the Treasury.”
This denial follows several reports that suggested that Trump might consider Dimon for the Treasury Secretary role. While Trump hasn’t explicitly mentioned Fink, a separate report indicated that he sought economic insights from the BlackRock CEO.
These speculations arose despite Trump’s contentious relationship with the CEOs, which is marked by their differing economic and political views. Last year, Trump described Dimon as a “highly overrated globalist” because he believed the banking executive was supporting Nikki Haley’s presidential campaign.
Crypto unitesThere are thoughts that the three may find common ground with their recent interest in crypto. Notably, Trump, Dimon, and Fink previously held hostile stances toward the emerging industry, but the sector’s enduring maturity appears to be changing their views.
Dimon previously called Bitcoin a “Ponzi scheme” and a fraud. However, Trump said Dimon had significantly softened his stance on crypto as his company, JPMorgan Chase, has advanced its interaction with the sector.
On the other hand, Fink has become a strong proponent of crypto. His company is among the issuers of spot exchange-traded funds (ETFs) for Bitcoin and Ethereum and is also behind the fast-rising Ethereum-based money market fund BUIDL.
Meanwhile, Trump’s crypto posture has won him support from industry stakeholders, who believe his presidency would usher in an era of solid regulatory clarity and growth for the burgeoning sector.
Editor’s Note: Added information available in the full transcript of the Bloomberg interview from July 16. It states the following:
Trump: We had a great meeting, Jamie Dimon was there. I have a lot of respect for Jamie Dimon.
Interviewer: A future Trump Treasury secretary? Trump: He is somebody that I would considertodaybet, sure. He was at the meeting. Tim Cook was right next to him.
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